Board Governance
In today's times, nonprofit boards are responsible for providing effective governance, strong financial oversight, responsible fundraising, and legal compliance and disclosure. From newly-formed organizations with new boards to established nonprofits seeking ways to improve board governance within the organization, BPM provides board governance resources and best to our nonprofit clients.
The following is a list of consulting services we provide to our nonprofit boards:
- Best practices for good governance and ethical practice
- Conflict of Interest Policy and Disclosure Statement
- Whistleblower Policy
- Document Retention and Destruction Policy
- Executive Compensation Policy
Besides assuring effective board governance, the Finance Committee should also be focused on planning for the future. BPM has guided nonprofit Finance Committees in the following focus areas and more:
- Existing and potential resources
- Examination of internal and external forces affecting the organization
- Cost effectiveness of existing programs and services
- Examining alternative strategies and programs and their financial implications
- Cash flow projections
- Budgeting implications
For more information, email us at bpm@bpmcpa.com.
The sessions cover significant emerging
issues that can affect every facet of your organization.
Recurring Accounting Issues Noted and
Related Best Practices for Nonprofits
A look at what the IRS wants to know
about your tax-exempt bonds.
Nonprofit Dashboards to Stay
Informed and Make Decisions
How to plan and design a meaningful dashboard.
The Single Audit:
What it Means for the Auditee
Overview of the Single Audit Act and Compliance Requirements.
Your Internal Control Check-up
Reducing the risks of errors and fraud.
Merging Nonprofit Organizations
A look at accounting due diligence
issues for considering nonprofit mergers.
IRS Increases Scrutiny of Nonprofits
Exempt organizations should be aware of these key areas that the IRS will be targeting.
